The housing market has reached a fever pitch in 2021, with fewer homes available for sale and very high demand. Among those looking for residential property are commercial real estate investors. Perhaps you are one of them. Converting commercial real estate into residential is a common practice, but what about residential to commercial? Here are a few pointers concerning this approach.
Posts Tagged ‘ commercial development ’
Commercial development can look like various things, such as the construction or reconstruction of data centers, warehouses, self-storage, retail, or office buildings. Constructing new buildings in a local area can have its pros and cons, but it can certainly have several benefits if it is done right. Below are at least three benefits of commercial development.
Many go-getting investors dream of becoming a landlord or property manager and build that oh-so-valuable passive income over time. Many people use passive income for all sorts of reasons, such as retirement planning, supplementary income, or to save up for something they love like hobbies or vacations. Regardless of the reasoning, the world of real estate investment and commercial management is not as easy to get into as you might think. One way to make things a lot smoother is by employing the services of real estate consultants. Want to know more about real estate consultants and how they can help make your real estate dreams come true? Read this! (more…)
So you’ve set your sights on some land and are considering zoning it for commercial use. That’s great! But, you may be feeling a little uneasy about what the project may entail, especially if this is your first time at the commercial property development rodeo. The real estate consulting industry can be hard to navigate. There are so many factors that create a commercial property from scratch, such as legal, financial, and safety requirements. Plus, that doesn’t even include the architects, designers, construction crews, and tenants that will be involved in the actual building and renting process! Luckily, there are many people that are experienced in helping you make your commercial property development dream a reality, like us at Clagett Enterprises. Here’s how to find your footing today! (more…)